The Pulse

The Pulse LFT: SLEMCO purchases 4.3 acres

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2502 S College Rd, Lafayette, LA 70508 Type: Retail Price: $2,275,000 Buyer: 2502 S COLLEGE LLC Elifin's Notes: A Lake Charles-based entity purchases a newly constructed gas station/convenience store property at the corner of South College and Verot School Road 1029 Savoy Rd, Youngsville, LA 70592 Type: Land Price: $1,150,000 ($6.01 / Land...

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The Pulse BR: Assisted living facility on Siegen sells for 29mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9394 Siegen Lane, Baton Rouge, LA 70810 Type: Multifamily Price: $29,000,000 ($290,000 / Unit) Buyer: 9394 Siegen Lane Propco LLC Elifin's Notes: The Barclay House of Baton Rouge, an assisted living facility in Baton Rouge, sells to Welltower Inc, a real estate investment firm out of Toledo, OH. 3700 East...

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The Pulse LFT: Lafayette Health Club property on Kaliste Saloom Rd sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 114 Eunice St, Lafayette, LA 70508 Type: Retail Price: $1,400,000 ($109.29 / SF) Buyer: 114 EUNICE LLC Elifin's Notes: New Orleans-based investors purchase another Camp Bow-Wow property to add to their purchase of a New Orleans location last year 2905 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $1,000,000 ($83.44 / SF) Buyer:...

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The Pulse BR: Baton Rouge Airport purchases local shopping center and car wash

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract Z-2-A-3-B N Airway Dr, Baton Rouge, LA 70815 Type: Land Price: $2,402,382 ($2.89 / Land SF) Buyer: Old Dominion Freight Line, Inc Elifin's Notes: Old Dominion Freight Line, Inc purchases land near the Amazon fulfillment center. 8188 Plank Rd, Baton Rouge, LA 70811 Type: Retail Price: $2,270,000 ($39.33 / SF) Buyer: The...

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The Pulse NOLA: Vacant shopping center sells for 1.8mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1075 Peters Rd, Harvey, LA 70058 Type: Industrial Price: $2,000,000 ($104.31 / SF) Buyer: D&J PETERS ROAD PROPERTIES LLC Elifin's Notes: A local entity purchases the former Chevron Harvey Terminal industrial property which includes two buildings on 7+ acres of land 1951 Ames Blvd, Marrero, LA 70072 Type: Retail Price: $1,800,000 ($62.50...

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The Pulse CBUS: Pennsylvania-based company purchases industrial portfolio for 55mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 5900 N Meadows Dr, Columbus, OH 43123 Type: Industrial Price: $23,743,974 ($123.28 / SF) Buyer: EXETER 5900 MEADOWS LP Elifin's Notes: In one of three purchases this past week, a Pennsylvania-based real estate investment company purchases a 192,000+ square foot warehouse distribution center property near London Groveport Road and I-71 5701...

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The Pulse LFT: Clarion Pointe Hotel sells for 2.27mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1015 W Pinhook Rd, Lafayette, LA 70503 Type: Hospitality Price: $2,275,000 ($45,500 / Unit) Buyer: OM SHANTI OM ELEVEN LLC Elifin's Notes: Local hotel owners purchase the Clarion Pointe Hotel along West Pinhook near the Oil Center 8500BLK Cameron St, Duson, LA 70529 Type: Land Price: $1,018,300 ($0.12 / Land SF) Buyer: MORSAM PROPERTIES...

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The Pulse CBUS: Allbridge Rehabilitation and Nursing Center property sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 5500 E Broad St, Columbus, OH 43213 Type: Healthcare Price: $4,352,134 ($141.29 / SF) Buyer: COLUMBUS 5500 PROPERTY HOLDINGS LLC Elifin's Notes: The Allbridge Rehabilitation and Nursing Center property, sitting on two parcels, changes hands in the Blacklick area 3940 Lyman Dr, Columbus, OH 43026 Type: Retail Price: $2,800,000 ($118.21 / SF) Buyer: LIFEWISE...

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The Pulse NOLA: Local investors purchase retail in the CBD

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2502 Magnolia St, New Orleans, LA 70113 Type: Industrial Price: $800,000 ($40.93 / SF) Buyer: 2502 MAGNOLIA ST LLC Elifin's Notes: An industrial warehouse property changes hands in the Central City area 717 Common St, New Orleans, LA 70130 Type: Retail Price: $500,000 ($94.34 / SF) Buyer: 717 COMMON PROPERTIES LLC Elifin's Notes: Local...

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The Pulse BR: Baton Rouge International School campus sells for 4.2mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5015 Autoplex Dr, Baton Rouge, LA 70809 Type: Specialty Price: $4,200,000 ($160.61 / SF) Buyer: Ryan Jumonville Elifin's Notes: Former Baton Rouge International School campus sells to Ryan Jumonville, a Florida-based real estate investor who recently purchased a large 4 building industrial complex on S Choctaw Dr. 6515 Greenwell Springs...

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